It is mind-boggling that you have to actually explain this to someone.
US Steel a big winner after tariffs boost prices
US Steel reports rise in prices, and profits, thanks to steel tariffs, and says even better results lay ahead.
It is mind-boggling that you have to actually explain this to someone.
and they don’t build cars do they?
Bwahahahahahaha
Not really when you see who
Jezcoe:Prices rise no matter what.
That is the point of a tariff, to raise the price of the cheap foreign good so the more expensive domestic good can compete.
No one is buying access to our market, no foreign country is getting taxed… the end consumer artificially pays more. That’s it.
Typical leftist static analysis…
Dude. It isn’t a left /right thing.
It is how tariffs work.
Imported cheap good A is taxed to protect the domestic production of good B
The price is raised to the price of Good B.
The costs are increased artificially.
It is math.
Not really when you see who
That is a very fair point.
So much stupid in this thread from a Trumplicans.
Cratic3947: Jezcoe:Prices rise no matter what.
That is the point of a tariff, to raise the price of the cheap foreign good so the more expensive domestic good can compete.
No one is buying access to our market, no foreign country is getting taxed… the end consumer artificially pays more. That’s it.
Typical leftist static analysis…
Bwahahahahahaha
Trump imposed 25% tariff on Chinese steel last year. Is the price up or down?
Bwahahahahahaha X 100!
Cratic3947: Jezcoe:Prices rise no matter what.
That is the point of a tariff, to raise the price of the cheap foreign good so the more expensive domestic good can compete.
No one is buying access to our market, no foreign country is getting taxed… the end consumer artificially pays more. That’s it.
Typical leftist static analysis…
Dude. It isn’t a left /right thing.
It is how tariffs work.
Imported cheap good A is taxed to protect the domestic production of good B
The price is raised to the price of Good B.
The costs are increased artificially.
It is math.
Then why are steel costs lower after a 25% tariff on China?
They impose an income tax on the first 2000 dollars of income. Or near that amount. Then they have high sales taxes, and VAT taxes to boot.
But you have to factor in that their per-capita income is 18,418 as opposed to the USA of 15,480.
And like most countries income tax is based on the individuals ability to pay.
Yes they have a VAT. Which is something that has been discussed for our country.
And their tax rate is also based on having some social services (health care) paid for by taxes that we don’t have.
Opels.
NebraskaFootball: Cratic3947: Jezcoe:Prices rise no matter what.
That is the point of a tariff, to raise the price of the cheap foreign good so the more expensive domestic good can compete.
No one is buying access to our market, no foreign country is getting taxed… the end consumer artificially pays more. That’s it.
Typical leftist static analysis…
Bwahahahahahaha
Trump imposed 25% tariff on Chinese steel last year. Is the price up or down?
Bwahahahahahaha X 100!
Um…the price is way up.
US Steel reports rise in prices, and profits, thanks to steel tariffs, and says even better results lay ahead.
Reduced competition from imported steel has allowed domestic producers such as US Steel to raise the prices of their American-made products. But much of its product is sold based on longer term contracts that lock in prices. So there are still price increases ahead for US Steel (X)as those contracts come to an end.
Blanket tariffs on steel and aluminum imported into the U.S. are likely to keep driving up domestic metal prices that have already been on a tear. Rising...
Blanket tariffs on steel and aluminum imported into the U.S. are likely to keep driving up domestic metal prices that have already been on a tear.
And who do you think is paying for these increased prices of steel? The end-consumer.
Ok…lol!
Cratic3947: NebraskaFootball: Cratic3947: Jezcoe:Prices rise no matter what.
That is the point of a tariff, to raise the price of the cheap foreign good so the more expensive domestic good can compete.
No one is buying access to our market, no foreign country is getting taxed… the end consumer artificially pays more. That’s it.
Typical leftist static analysis…
Bwahahahahahaha
Trump imposed 25% tariff on Chinese steel last year. Is the price up or down?
Bwahahahahahaha X 100!
Um…the price is way up.
Backfire Economics: Double-digit increases in US steel prices to the highest in the world are crippling US manufacturers
US Steel a big winner after tariffs boost prices
Reduced competition from imported steel has allowed domestic producers such as US Steel to raise the prices of their American-made products. But much of its product is sold based on longer term contracts that lock in prices. So there are still price increases ahead for US Steel (X)as those contracts come to an end.
New tariffs to raise steel, aluminum prices - MarketWatch
Blanket tariffs on steel and aluminum imported into the U.S. are likely to keep driving up domestic metal prices that have already been on a tear.
And who do you think is paying for these increased prices of steel? The end-consumer.
Steel market
TY, TY, TY…!
Tariffs are paid by American companies.
Oh, and Daimler, Porsche, Volkswagen, Audi, BMW, Ford Motor Company, Škoda Auto, Groupe Renault, Hyundai Motor Company, and a host of support industries.
Canada seems to love them…
NebraskaFootball: Cratic3947: NebraskaFootball: Cratic3947: Jezcoe:Prices rise no matter what.
That is the point of a tariff, to raise the price of the cheap foreign good so the more expensive domestic good can compete.
No one is buying access to our market, no foreign country is getting taxed… the end consumer artificially pays more. That’s it.
Typical leftist static analysis…
Bwahahahahahaha
Trump imposed 25% tariff on Chinese steel last year. Is the price up or down?
Bwahahahahahaha X 100!
Um…the price is way up.
Backfire Economics: Double-digit increases in US steel prices to the highest in the world are crippling US manufacturers
US Steel a big winner after tariffs boost prices
Reduced competition from imported steel has allowed domestic producers such as US Steel to raise the prices of their American-made products. But much of its product is sold based on longer term contracts that lock in prices. So there are still price increases ahead for US Steel (X)as those contracts come to an end.
New tariffs to raise steel, aluminum prices - MarketWatch
Blanket tariffs on steel and aluminum imported into the U.S. are likely to keep driving up domestic metal prices that have already been on a tear.
And who do you think is paying for these increased prices of steel? The end-consumer.
Steel market
TY, TY, TY…!
Expand your data there champ, and see what the tariffs have done to steel prices.
You don’t seem to understand what Tariffs are.
Yes and the Canadian consumer pay for it why prices are much higher in Canada then America.